https://www.taxtmi.com/caselaws?id=54092 The Supreme Court upheld the High Court's decision that the one-year warehousing period applied to the appellants under the Customs Act, 1962. They were entitled to a refund of excess interest paid, amounting to Rs. 59,89,260/-, including interest at 12% till 31-5-96. The Tribunal allowed the appeal, granting interest from 1-6-96 to 17-8-98, emphasizing the appellants' right to interest payment in line with the Supreme Court decision. Despite initial challenges on unjust enrichment and documentary evidence, the appellants successfully substantiated their refund claim throughout the proceedings. en-us Mon, 06 Jun 2005 00:00:00 +0530 Mon, 18 Oct 2010 10:02:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=54092 The Supreme Court upheld the High Court's decision that the one-year warehousing period applied to the appellants under the Customs Act, 1962. They were entitled to a refund of excess interest paid, amounting to Rs. 59,89,260/-, including interest at 12% till 31-5-96. The Tribunal allowed the appeal, granting interest from 1-6-96 to 17-8-98, emphasizing the appellants' right to interest payment in line with the Supreme Court decision. Despite initial challenges on unjust enrichment and documentary evidence, the appellants successfully substantiated their refund claim throughout the proceedings. Case-Laws Customs Mon, 06 Jun 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=54092